Exciting News:
One of our Portfolio Company, Godavari Biorefineries, has filed for an IPO

Its diversified product portfolio comprises of bio-based chemicals, sugar, different grades of ethanol and power. These products find application in a range of industries such as food, beverages, pharmaceuticals, flavours & fragrances, power, fuel, personal care and cosmetics

Since our investment in 2015, Mandala Capital has worked closely with the team providing insights to attain several key milestones, while focusing on sugarcane feedstock valorisation, sustainable practices and waste & water management.

Godavari has expanded their scale of operations and now has a global footprint with sales to customers from over 20 countries during the last three Fiscals.